KnCMiner's Alex Lawn Discusses Jupiter Bitcoin Miner
Here's a short but interesting video posted by Engadget that features Alex Lawn of KnCMiner discussing their super-powerful Jupiter bitcoin miner, which is capable of 600GH/s. It's not too in-depth, but we felt it was worth the share.
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Just recently, Sweden-based KnCMiner put up their brank-spanking-new miner - dubbed 'Neptune' - up for pre-order (with eventual release slated for early 2014). Today, the sales figures are out, and they're absolutely mind-blowing. Company spokesman Alex Lawn says KnC managed to sell $8 million worth of Neptune bitcoin miners in 24 hours alone. At a cost of about $10,000 per unit, Lawn says the company was doing $1 million in sales per hour for the first five hours. The Neptune miner is capable of mining up to 2.1 Bitcoins daily under
J-J's broken KnCMiner Super Jupiter. KnCMiner has started shipping a 3 TH/s Bitcoin mining box, the largest single Bitcoin ASIC miner in existence at the moment. The unfortunate part, though, is that none of these KnCMiner Super Jupiters arrived at their destination in one piece. KnCMiner has responded promptly on their forum, promising to ship new, properly constructed, units to affected customers, free of charge. KnCMiner also emphasized that customers needing to RMA their Super Jupiter would not have to pay return shipping on the existing $10,000 “machine” that was shipped to them; they....
KnCMiner is certainly trying to do their best to please their customers. The company has emailed customers some information regarding current products and plans moving forward. For starters, KnCMiner has announced they are ending sales of their Jupiter miners. "We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter," the company wrote. On the topic of KnCMiner's Neptune miner - which is certainly highly-anticipated - the company said that they are continuing....
KnCMiner is offering a bonus speed increase to customers awaiting delivery of its Jupiter bitcoin mining rig. The company said the Jupiter bitcoin mining rig will mine at a significantly higher rate than the 400 GH/s its customers are expecting. "We will not down clock our chips to 400[GH/s], we will release all our machines with the greatest hashing power we can. So yes, the rumors are true - Jupiter will be greater than 400[GH/s] by a significant margin as a free gift from us to all our loyal customers," the KnCMiner team's statement reads. Sam Cole, co-founder of KnCMiner, said the....
KnCMiner has cut the price of its mining rigs by as much as 28%, with the Saturn now on sale for $2,995 and the Jupiter for $4,995. The company also revealed today that the Mercury bitcoin hardware miner has been discontinued (this previously came with a price tag of $1,995). All orders placed from today will be delivered from mid-November, but existing orders will be shipped no later than 15th October. Miner nameOld priceNew pricePrice decrease. Saturn$3,795$2,99521.1%. Jupiter$6,995$4,99528.6%. Mercury$1,995DiscontinuedN/A. Sam Cole, co-founder of KnCMiner, said the company decided to....